Mercedes-Benz will shift to cheaper but less powerful batteries to contain soaring prices for some metals in its range of entry-level models.
The world’s biggest luxury-car maker will use lithium-iron-phosphate batteries for its next generation of models like the EQA and EQB from 2024 and 2025, Chief Executive Officer Ola Kallenius said in an interview in Atlanta.
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October 27, 2021 at 10:00AM
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Mercedes Bets on Cheaper Electric Cars With Shorter Range - Bloomberg
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